{"id":206,"date":"2008-10-06T06:00:01","date_gmt":"2008-10-06T13:00:01","guid":{"rendered":"http:\/\/www.washingtonwinemaker.com\/blog\/2008\/10\/06\/honey-prices-a-bull-market-in-this-liquid-asset\/"},"modified":"2008-10-06T06:00:01","modified_gmt":"2008-10-06T13:00:01","slug":"honey-prices-a-bull-market-in-this-liquid-asset","status":"publish","type":"post","link":"https:\/\/washingtonwinemaker.com\/blog\/2008\/10\/06\/honey-prices-a-bull-market-in-this-liquid-asset\/","title":{"rendered":"Honey Prices: A bull market in this liquid asset"},"content":{"rendered":"<p>If you make a lot of <a href=\"http:\/\/www.washingtonwinemaker.com\/blog\/2007\/05\/06\/a-simple-mead\/\">mead<\/a>, you buy a lot of honey. I like to buy in bulk and keep an eye on prices &#8211; there&#8217;s been a lot to keep an eye on in the seven months since my last <a href=\"http:\/\/www.washingtonwinemaker.com\/blog\/2008\/03\/10\/honey-prices\/\">price report<\/a>. The stable prices in March have given way to much more expensive honey in October. Price increases ranged from 6.5%, on Miller&#8217;s clover, to 38.9% on Dutch Gold wildflower. Have a look at the table below for the details on how various honey prices have changed.<br \/>\n<br clear=\"all\" \/><\/p>\n<table style=\"border-collapse: collapse\" border=\"0\" cellpadding=\"4\" width=\"85%\" title=\"Table 1:Selected honey prices since March 2008\" summary=\"Summary of honey prices from March 2008 to October 2008. Rows for clover and wildflower (where available) honey from Costco, Miller's Honey, and Dutch Gold. Columns for recent price, previous price, and % change.\">\n<tr>\n<td><strong>Source and Type<\/strong><\/td>\n<td><strong>Price March 2008 ($\/lb)<\/strong><\/td>\n<td><strong>Recent Price<\/strong><\/td>\n<td><strong>% Change<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Costco Clover<\/td>\n<td>1.47<\/td>\n<td>1.57<\/td>\n<td>+6.8<\/td>\n<\/tr>\n<tr>\n<td>Sam&#8217;s Club Clover<\/td>\n<td>1.53<\/td>\n<td>1.86<\/td>\n<td>+21.6<\/td>\n<\/tr>\n<tr>\n<td>Miller&#8217;s Honey Clover<\/td>\n<td>1.55<\/td>\n<td>1.65<\/td>\n<td>+6.5<\/td>\n<\/tr>\n<tr>\n<td>Miller&#8217;s Honey Wildflower<\/td>\n<td>1.15<\/td>\n<td>1.35<\/td>\n<td>+17.4<\/td>\n<\/tr>\n<tr>\n<td>Dutch Gold Clover<\/td>\n<td>1.30<\/td>\n<td>1.71<\/td>\n<td>+31.5<\/td>\n<\/tr>\n<tr>\n<td>Dutch Gold Wildflower<\/td>\n<td>1.26<\/td>\n<td>1.75<\/td>\n<td>+38.9<\/td>\n<\/tr>\n<\/table>\n<p><br clear=\"all\" \/><br \/>\n<strong>The more things change, the more they stay the same<\/strong><\/p>\n<p>Clover honey at Costco is still a better deal than at Sam&#8217;s or at the packers. Its not just cheaper than the others, but it comes in smaller 6 lb jugs plus you can avoid shipping charges by picking it up locally. The lowest unit price is still Miller&#8217;s wildflower &#8211; a high quality honey at a great price.<\/p>\n<p><strong>What about other varietals?<\/strong><\/p>\n<p>I keep track of the prices I do because they&#8217;re widely available in the United States. Almost every honey vendor sells clover honey, and wildflower is almost always the cheapest honey a vendor offers. Keeping track of these prices lets me compare like with like and is the best way to spot trends.<\/p>\n<p><strong>Improved price information<\/strong><\/p>\n<p>I haven&#8217;t made much headway in tracking honey prices overseas. I just don&#8217;t have enough local knowledge to pick benchmarks (I think acacia honey might be the one to follow in Europe, but I&#8217;m not sure) or suitable vendors (Tesco in the UK?). I do plan on recording prices as of Jan 1, 2009 to better compare with the USDA&#8217;s &#8220;all honey&#8221; price, and I&#8217;m thinking of adding other sweeteners like malt extract, sugar, and maple syrup.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you make a lot of mead, you buy a lot of honey. I like to buy in bulk and keep an eye on prices &#8211; there&#8217;s been a lot to keep an eye on in the seven months since my last price report. The stable prices in March have given way to much more [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-206","post","type-post","status-publish","format-standard","hentry","category-mead"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/washingtonwinemaker.com\/blog\/wp-json\/wp\/v2\/posts\/206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/washingtonwinemaker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/washingtonwinemaker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/washingtonwinemaker.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/washingtonwinemaker.com\/blog\/wp-json\/wp\/v2\/comments?post=206"}],"version-history":[{"count":0,"href":"https:\/\/washingtonwinemaker.com\/blog\/wp-json\/wp\/v2\/posts\/206\/revisions"}],"wp:attachment":[{"href":"https:\/\/washingtonwinemaker.com\/blog\/wp-json\/wp\/v2\/media?parent=206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/washingtonwinemaker.com\/blog\/wp-json\/wp\/v2\/categories?post=206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/washingtonwinemaker.com\/blog\/wp-json\/wp\/v2\/tags?post=206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}